PPP Loan information for Soar restaurants llc

$260,045

Soar restaurants llc was initially approved for PPP Loan of amount $260,045, the current approved amount is $260,045. The loan was approved on 04/05/2020 by The Dominion Bank reported 94 jobs and $260,045 was used to fund payroll.

Soar restaurants llc is New Business or 2 years or less

SOAR RESTAURANTS LLC

Date Approved

04/05/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SOAR RESTAURANTS LLC

Borrower Address

7250 Dallas Parkway, Suite 800

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75024-4920

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260045.00

Current Approval Amount

260045.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

70073

Servicing Lender Name

Dominion Bank

Servicing Lender Address

17304 Preston Road Suite 1100

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75252

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75024-4920

CD

TX-04

Jobs Reported

94

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13002.25

Payroll Proceed

195033.75

Mortgage Interest Proceed

0.00

Rent Proceed

52009.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

70073

Originating Lender

Dominion Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262168.70

Forgiveness Date

02/09/2021

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